Webinar Recording

Better Planning Through Balance Sheet Forecasting

Balance sheet forecasting sounds terribly tough, but it’s not. If you can forecast your P & L, then balance sheet forecasting is just an extension that can strengthen the quality of your earnings forecast and actually help predict the future financial health of your organization. For example, a balance sheet forecast provides that critical cash flow dimension which will assure banks and investors that you can match sources with uses of funds to achieve everyone’s financial goals . Bruce Lynn, a corporate treasury consultant specializing in cash and working capital management, will walk through a “how to” to suggest practical best practices in balance sheet forecasting, using examples and numbers to help cement the learning.

During the webinar Bruce will discuss why balance sheet forecasting is important and how to link it to a P & L forecast. The webinar will also discuss the assumptions required to forecast key components of any balance sheet with its ability to provide insight into future financial ratios, working capital (A/R, Inventory and A/P), cash and investments, CAPEX, debt and equity.

By the end of the webinar your planning team will be able to initiate a balance sheet forecast and integrate this forecast with the other parts of your financial plan.

After attending this event you will be able to:

Recognize why balance sheet forecasting is important and how to link it to a P & L forecast

Identify the assumptions required to forecast key components of any balance sheet

Identify how to initiate a balance sheet forecast

Speakers

Bruce Lynn

Managing Partner, The Financial Executives Consulting Group

Bruce has acquired over 20 years of corporate and banking experience in all aspects of treasury and financial management. He has successfully tackled major assignments in such areas as treasury operations, cash and working capital management, strategic planning, credit, systems enhancements and other assignments involving financial planning and analysis of operating and capital budgets.

Prior to starting the Financial Executives Consulting Group, he was a managing director of Greenwich Treasury Advisors, a treasury and risk management consulting firm. Also, he was a Vice President of Bankers Trust and Director of Cash Management for Ogden Corporation. Bruce has an Industrial Engineering degree from Lehigh University, a MBA in Finance from the Stern School of Business and is a Certified Treasury Professional (CTP).

Moderated by: Blair Cook

Corporate Director, Clarke Inc.

Blair Cook is a many-time CFO, corporate director, and educator working with dozens of public and private companies; and professional bodies and post-secondary institutions across Canada.

His career is divided between academic endeavors, such as developing the new certification program for CPA Canada, and working in the corporate world at the highest levels. As an academic-practitioner, he’s a life-long learner who observes and experiments with various financial and management theories in real world context. He shares stories of success and lessons learned to others who share a passion for developing financial leadership competency. Blair’s focus in recent years has been to define and develop a career path for financial professionals aspiring to the Office of the CFO.

Sponsor

Centage - Budget Maestro® by Centage is an easy-to-use and scalable, automated budgeting, planning, and forecasting application. It is designed for small to mid-market companies and automates many of the time-consuming and error-prone activities associated with using spreadsheets to generate accurate budgets and forecasts. It features built in financial and business logic that allow users to build and update their budgets and forecasts and never worry about formulas, functions, links or any custom programming. It is the only solution in the market that offers synchronized P&L, Balance Sheet, and Cash Flow reporting that generate automatically and seamlessly update. Budget Maestro serves more than 7,000 users worldwide.

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